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Melkior Receives Preliminary IP and High-Resolution MAG Surveys at Val-d'Or Property
(TheNewswire) January 20, 2021 – TheNewswire - ...
About this update from Melkior Resources Inc.
[{"type":"text","content":"Melkior Receives Preliminary IP and High-Resolution MAG Surveys at Val-d'Or Property\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n January 20, 2021 –\n \n \n TheNewswire -\n \n \n Timmins, Ontario -\n \n Melkior Resources\nInc. (“\n \n Melkior\n \n ” or the\n“\n \n Company\n \n ”) (TSXV:MKR)\n(OTC:MKRIF) is pleased to announce it received its preliminary data\nfor the Induced Polarization (“IP”) survey and High-Resolution\nMagnetic (“MAG”) surveys it completed in December 2020.\n \n \n The IP survey consisted of approximately 13.9 line-km along the\nwestern extension of the Bruell showing, located less than 250m from\nthe Property. The showing is on strike with 3 other gold showing on\nthe same structural trend, outside of the Property and being developed\nby Eldorado Gold\n \n . The western extension of that trend\nis located on the Property, where soil anomalies (\n \n \n \n \n see\nnews release dated August 27\n \n \n \n \n \n \n th\n \n \n \n \n \n \n ,\n2020\n \n \n \n )\n \n indicate a potential source on\nstrike with the above showings. The IP results shows a total of 44 IP\naxis.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n The MAG survey (\n \n \n \n see\nnews release dated November 10\n \n \n \n \n \n \n th\n \n \n \n \n \n \n ,\n2020\n \n \n \n ) consisted of a high-resolution MAG survey on\nthe entire Val d’Or Property. This survey was done at a low altitude\nusing tight line spacing, which is a configuration that has seen a lot\nof success by our neighboring companies in the Val d'Or district.\nFinal technical information and interpretation will be provided in a\nsubsequent news release once the final report is received.\n \n \n The Company will continue its review of targets to plan its drilling\nby using IP and MAG data in comparison with geology and adjacent\nshowings. Of particular interest are the following targets on\nMelkior’s\n \n western extension of the Bruell\nshowing\n \n :\n \n \n \n \n - An isolated high MAG anomaly associated with a medium conductor,\nnear a regional contact.\n \n \n - A regional magnetic contrast associated with an orogenic gold\nexploration target defined by the Ministry of Energy and Natural\nResources (“MERN”)\n \n \n - A series of ...